E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: Govt

Jul 10, 2026

The Ministry of Petroleum and Natural Gas has said that E20 petrol is currently costlier to produce than pure petrol at prevailing global crude...

UAE exit from OPEC+ may not ease oil prices, could heighten volatility, weaken cartel premium: Report

Apr 29, 2026

The decision of the United Arab Emirates (UAE) to leave OPEC and OPEC+ may not lead to an immediate fall in oil prices but...

Fitch Ratings adjust oil and European gas price assumptions for 2024 and 2026

Dec 09, 2023

Fitch Ratings has revised its near-term oil and European gas price assumptions, citing OPEC+'s sustained control over supply and ongoing dynamics in the energy...

UAE exits OPEC: short-term pain, long-term gain as global oil shift to benefit India: Report

May 01, 2026

The United Arab Emirates' (UAE) decision to exit the Organization of the Petroleum Exporting Countries (OPEC) may have far-reaching implications for global energy markets,...

Fitch publishes ONGC's BBB-minus rating, outlook negative

Jul 02, 2021

Singapore, July 2 : Fitch Ratings has published Oil and Natural Gas Corporation's (ONGC's) long-term foreign-currency issuer default rating of BBB-minus.

Fitch affirms Indian Oil Corporation at BBB-minus with negative outlook

Jul 21, 2020

Singapore, July 21 : Fitch Ratings has affirmed Indian Oil Corporation's (IOC's) long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.